hello im michael phelps i made a mistake, i have tons of gold medals made tons of money already, go ahead drop me. unless he has to give money back, story doesn't matter. he'll be back.
drop the whole kids look up to you thing, enough of that sh1t already. that gets way over played today. man made a mistake he's 23 yrs old making millions, this isn't going tarnish his image, story has 15 min of fame and then DONE. tarnish his image for like 3wks.
here's a crazy idea, parents being parents instead complaining kids look up to him, if they ask, why not just explain to your kids he made a mistake and it happens, better yet they might not even care, especially the young ones who probably aren't watching the news or paying attention